Xtreamer is banking on the fact that the price is comparable with what you would get if you buy a no-name MiniPC with the same SoC, but you'll get instead a device with better-quality components and that could be subject to further firmware updates, which you won't likely get from brand-less devices.

And they might be on to something: at €39 with free shipping (for the mxV for no tuners) you get a dual-boot device (OpenElec and Android) with a strong casing and with very few apps preinstalled (and nothing in Chinese).

Xtreamer mxV Mini PC full specs

SoC: Amlogic S905

CPU: quad-core Cortex A53

GPU: penta-core Mali 450

RAM: 1GB DDR3

ROM: 8GB eMMC

LAN: 10/100

Wi-fi: 802.11b/g/n

USB: 4 x USB 2.0 host

Audio/Video: HDMI 2.0, AV, Optical

Other:SD card reader

OS: Android Lollipop 5.1.1 and OpenElec

All 3 mini PC's from the mxV line will have some useful apps already installed : latest Kodi version (with no shady addons), Youtube, Puffin web browser, Miracast server for mirroring a smartphone on the TV, Spotify, Splashtop, AirDroid.

As usual with Xtreamer products, the mXV is only available on their website (and not on the online retailers).
Products come with free shipping but since shipping is being done from Hong Kong there might be some VAT duties to pay.